Current Use by Public Records
- Commercial real estate
Property Details for 309 Union St
- Year built
- 1968
- Lot size
- 0.60 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 309 W Union Street in Paragon, Indiana, presents a unique investment opportunity. The expansive 8,606 square foot building offers significant potential for a variety of uses. Previously operating as a Step Saver IGA grocery store, the building's layout and infrastructure provide a solid foundation for diverse business ventures. The inclusion of two gas pumps adds further value and potential revenue streams. The property's location in Morgan County offers excellent access to a thriving community. The building's adaptability makes it suitable for a range of concepts, including restaurants, self-storage facilities, or athletic-related businesses. Its current vacant status allows for immediate occupancy and customization to suit a new owner's specific needs. The 0.6-acre lot provides ample space for expansion or outdoor activities, depending on the chosen business model. This property is readily available for viewing, offering a convenient and straightforward process for prospective buyers to assess its potential. The asking price of $309,000 represents a compelling investment opportunity in a desirable location. Don't miss this chance to acquire a versatile commercial property with significant upside potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paragon
- County
- Morgan
- State
- Indiana
- Longitude
- -86.5652
- Latitude
- 39.3948
